Tuesday, October 21, 2008

Long

Floor trading hasn't started yet but the market has dropped down to my 965 support level so I just bought one unit of the e-minis at 965.75.  I don't expect the market to spend much time below 960. 

1 comment:

Anonymous said...

Hi Carl,

Excellent entry. If this market is going higher, then we may have already seen the low for the day.

I'm still long from yesterday although I still have no buy signal on my primary timing model. However, based on my secondary timing model, a close today or tomorrow above 1017.50 will give me a low risk buy signal.

Thanks.

Kindest regards,

PM